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Updated over 4 years ago on . Most recent reply

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Kenaz Ovil
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First Step In Rental Properties

Kenaz Ovil
Posted

Hey, I've been an interested in investing in real estate for a while now and I'm prepping myself to make that leap. My focus as of now is to acquire rental properties in my surrounding towns/cities to accumulate cash flow over time. I live in Union County in NJ and would like to know at minimum how much I should save in case I want to make a down payment on a property I'm interested in?

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J Zev J.
  • CPA
  • Colorado Springs, CO
258
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J Zev J.
  • CPA
  • Colorado Springs, CO
Replied

@Kenaz Ovil - it depends on lots of factors. I recommend reaching out to some local real estate agents to discuss your investing goals. Those agents can be a good resource for your initial questions and help you build your team. 

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